Mastercard is making significant strides in its commitment to environmental sustainability by expanding the Priceless Planet Coalition's portfolio of restoration projects. With the addition of three new restoration sites and the enhancement of six existing initiatives, the coalition aims to fund the restoration of 100 million trees worldwide. Collaborating with partners such as Conservation International and the World Resources Institute, the coalition has now launched a total of 22 projects across various regions, emphasizing the importance of restoring vital ecosystems. This expansion not only underscores Mastercard's dedication to combating climate change but also highlights the coalition's focus on positive impacts for local communities and biodiversity.
The new sites include initiatives in the High Andes, the Eastern Himalayas, and Kaeng Krachan National Park in Thailand, all chosen for their potential to restore vital ecosystems and support local populations. These projects aim to counter climate change effects, with community engagement integral to their success. As of 2023, the coalition has achieved notable milestones, including the planting of millions of trees and creating 1.2 million workdays globally. Mastercard's Chief Sustainability Officer, Ellen Jackowski, highlights the coalition's success as a testament to the power of collaborative partnerships in driving substantial environmental change.
